SolarMax Technology (SMXT) Accumulated Expenses (2023 - 2026)
SolarMax Technology (SMXT) posted quarterly Accumulated Expenses of $18.0 million for Q1 2026, up 43.96% year-over-year from $12.5 million in Q1 2025, and up 25.86% quarter-over-quarter from $14.3 million in Q4 2025.
SolarMax Technology (SMXT) Accumulated Expenses (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Accumulated Expenses for 4 consecutive years, with $18.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Accumulated Expenses rose 43.96% year-over-year to $18.0 million; the TTM figure through Mar 2026 stood at $18.0 million (up 43.96% YoY), while the FY2025 annual figure was $14.3 million, up 14.49% from the prior year.
- Accumulated Expenses advanced to $18.0 million in Q1 2026 per SMXT's latest filing, from $14.3 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $18.0 million in Q1 2026 and bottomed at $250492.0 in Q3 2024.
- Historically, Accumulated Expenses has averaged $12.6 million across 4 years, with a median of $13.3 million in 2025.
- Annual changes were most pronounced in 2024 — Accumulated Expenses retreated 24.31% — and 2025, when it soared 5202.18%.
- SolarMax Technology's Accumulated Expenses stood at $16.5 million in 2023, then declined by 24.31% to $12.5 million in 2024, then advanced by 14.49% to $14.3 million in 2025, then advanced by 25.86% to $18.0 million in 2026.
- Business Quant data shows SMXT's Accumulated Expenses at $18.0 million in Q1 2026, $14.3 million in Q4 2025, and $13.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | SolarMax Technology | 16.01 Mn | 11.42 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.98 Mn |
| Dec 31, 2025 | 14.28 Mn |
| Sep 30, 2025 | 13.28 Mn |
| Jun 30, 2025 | 13.35 Mn |
| Mar 31, 2025 | 12.49 Mn |
| Dec 31, 2024 | 12.47 Mn |
| Sep 30, 2024 | 250,492.00 |
| Dec 31, 2023 | 16.48 Mn |